Kerala, Mumbai HCs allow GST assesses to file belated returns for transitional credit

Experts feel the GST Council should thrash out this issue in the next meeting  The issue of transitional credit (TRAN Credit) under Goods & Services Tax (GST) is still being litigated with two High Courts — Kerala and Bombay — settling it in favour of the assessees. The Kerala High Court, in a recent order, directed the GST department to facilitate revision of Form GST TRAN-1 and fil…